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No longer on the market

This property is no longer on the market

Pub

Sold STC
Pub
Added > 14 days

Features and description

  • Free of Tie
  • New Lease Available
  • Accommodation Above
  • Community Pub
  • Scope for Food Sales

Leasehold Public House Located In Leamington Spa
Free of Tie Community Pub
Accommodation Above
Ref 2718

Location
This respected Public House is located in the highly desirable town of Royal Leamington Spa, Warwickshire. Situated within a prominent and highly visible trading position on Tachbrook Street. The immediate area is densely populated with residential houses which makes this into a great community pub. Leamington Spa offers wide boulevards, Georgian and Edwardian architecture, award-winning parks which provide a sophisticated backdrop to this Regency shopping paradise. Often described as 'the best bits of London, all in a ten-minute walk', Leamington town centre combines a treasure-trove of independent, specialist boutiques with all the national chains you would expect to find in a large city. With an impressive array of entertainment venues, a rich choice of restaurants and some of the country's best spas and salons, we're certain you will find it one of the most appealing towns in the UK.

Asking Price: £9,950

Business Description
Veritas Business Sales are delighted to offer for sale this established Public House which is located in Leamington Spa. The pub dates back to the 1920's and is now being offered with vacant possession.
What's on offer is a new free of tie lease which included all fixtures & fittings. We act for the landlords so no accounting information will be provided as the pub has previously been rented out.
We believe that this thriving community pub would flourish from a food based operator to take this back to its high levels of turnover. This is a superb opportunity to purchase an established watering hole with bags of potential which is a great base to build upon and as such early viewing is highly recommended.

Leasehold
New lease to be granted
Term: negotiable
Rent: £700 per week
Reviewed: 5 yearly
Rateable value: TBC

Ground Floor
Open plan bar/lounge with vestibule entrance, 2 x pool tables, 2 x dart boards, tables & chairs, bar servery with 13 beer taps, 2 hand pull pumps, 2 x 2 door undercounter drinks fridges, wine cooler, optics, glasses and TV.
Ladies toilets with 2 x W/C's wash basin, wall mounted hand dryer and wall mounted mirror.
Gents toilet with urinals, W/C, wash basin, wall mounted hand dryer and electric water heater.
Hallway with stairs leading to the first floor.
Kitchen with 6 burner range (Falcon), 4 x stainless steel tables, 2 x deep fat fryers, 4 x wall mounted metal shelves, fridge (Beko), double sink drainer and stainless steel wash basin.
Small storeroom with boiler.
First Floor
Domestic Kitchen
Bathroom
4 x Double bedrooms (These can be sub-let)

Cellar (Below ground)
Main beer cellar.
The property benefits from gas central heating.
A three month rent deposit will be required and rent is to be paid monthly in advance.

External
Rear beer garden with tables & chairs, 9 picnic tables and side gates leading to the frontage. Front side parking for (2).

EPC rating D

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About this agent

Veritas Business Sales - Solihull
Veritas Business Sales - Solihull
Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG
0121 721 6440
Full profileProperty listings
Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.
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